Analysis Article • Aug 19
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Finnish (OMX) Medical Equipment Industry Analysis
UpdatedAug 28, 2026
DataAggregated Company Financials
Companies6
- 7D3.1%
- 3M3.8%
- 1Y-35.7%
- YTD-64.4%
In the last week, the Medical Equipment industry is up 3.1%, with Revenio Group Oyj up 4.3%. Meanwhile, Modulight Oyj actually underperformed within the industry, shrinking 7.6% in the last week. However, the industry is down 36% over the past year. Earnings are forecast to grow by 37% annually.
Industry Valuation and Performance
Has the Finnish Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 28 Aug 2026 | €622.7m | €164.9m | €9.2m | 25.2x | 67.3x | 3.8x |
| Sun, 26 Jul 2026 | €547.4m | €166.0m | €8.9m | 20.4x | 61.4x | 3.3x |
| Tue, 23 Jun 2026 | €567.5m | €166.0m | €8.9m | 21.4x | 63.6x | 3.4x |
| Thu, 21 May 2026 | €577.6m | €166.0m | €8.9m | 23.8x | 64.8x | 3.5x |
| Sat, 18 Apr 2026 | €657.0m | €165.6m | €9.5m | 25.9x | 69.3x | 4x |
| Mon, 16 Mar 2026 | €673.9m | €165.6m | €9.4m | 27x | 71.5x | 4.1x |
| Wed, 11 Feb 2026 | €779.9m | €163.0m | €10.1m | 24.7x | 77x | 4.8x |
| Fri, 09 Jan 2026 | €903.3m | €163.0m | €10.1m | 28.2x | 89.2x | 5.5x |
| Sun, 07 Dec 2025 | €890.6m | €163.0m | €10.1m | 27.8x | 88x | 5.5x |
| Tue, 04 Nov 2025 | €969.6m | €161.7m | €10.1m | 28x | 96.2x | 6x |
| Thu, 02 Oct 2025 | €927.1m | €158.3m | €8.9m | 26.6x | 103.7x | 5.9x |
| Sat, 30 Aug 2025 | €940.6m | €158.3m | €8.9m | 26.9x | 105.2x | 5.9x |
| Mon, 28 Jul 2025 | €1.1b | €154.7m | €8.6m | 28.7x | 126.5x | 7.1x |
| Wed, 25 Jun 2025 | €1.0b | €154.7m | €8.6m | 27.3x | 120.3x | 6.7x |
| Fri, 23 May 2025 | €1.0b | €154.7m | €8.6m | 27x | 117.9x | 6.6x |
| Sun, 20 Apr 2025 | €895.3m | €150.9m | €8.3m | 24.4x | 108.2x | 5.9x |
| Tue, 18 Mar 2025 | €966.7m | €150.9m | €8.3m | 26.6x | 116.3x | 6.4x |
| Thu, 13 Feb 2025 | €1.1b | €146.0m | €3.2m | 34.9x | 339.2x | 7.4x |
| Sat, 11 Jan 2025 | €997.8m | €146.0m | €3.2m | 33.8x | 313.6x | 6.8x |
| Mon, 09 Dec 2024 | €984.9m | €146.0m | €3.2m | 29.5x | 309.5x | 6.7x |
| Wed, 06 Nov 2024 | €980.2m | €147.0m | €4.2m | 30.9x | 232.3x | 6.7x |
| Fri, 04 Oct 2024 | €1.2b | €145.0m | €3.4m | 34.5x | 345.6x | 8.2x |
| Sun, 01 Sep 2024 | €1.2b | €145.0m | €3.4m | 33.2x | 339.2x | 8x |
| Tue, 30 Jul 2024 | €1.0b | €140.7m | €2.7m | 30.3x | 392.4x | 7.4x |
| Thu, 27 Jun 2024 | €997.8m | €140.7m | €2.7m | 27.9x | 374.5x | 7.1x |
| Sat, 25 May 2024 | €1.0b | €140.7m | €2.7m | 28.6x | 388.2x | 7.4x |
| Mon, 22 Apr 2024 | €870.2m | €140.9m | €3.3m | 25.6x | 261.3x | 6.2x |
| Wed, 20 Mar 2024 | €890.4m | €140.9m | €3.4m | 25.7x | 263.5x | 6.3x |
| Fri, 16 Feb 2024 | €945.3m | €139.9m | €3.8m | 29.1x | 249.6x | 6.8x |
| Sun, 14 Jan 2024 | €903.5m | €138.1m | €3.0m | 32.8x | 302.4x | 6.5x |
| Tue, 12 Dec 2023 | €842.5m | €138.1m | €3.0m | 31.4x | 282x | 6.1x |
| Thu, 09 Nov 2023 | €803.9m | €138.1m | €3.0m | 30.7x | 269x | 5.8x |
| Sat, 07 Oct 2023 | €767.7m | €139.8m | €3.7m | 28.1x | 210.3x | 5.5x |
| Mon, 04 Sep 2023 | €858.5m | €139.8m | €3.7m | 30.1x | 235.2x | 6.1x |
Price to Earnings Ratio
235.2x
Current Industry PE
- Investors are pessimistic on the Finnish Medical Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 67.3x which is lower than its 3-year average PE of 200x.
- The 3-year average PS ratio of 6.0x is higher than the industry's current PS ratio of 3.8x.
Past Earnings Growth
- The earnings for companies in the Medical Equipment industry have grown 36% per year over the last three years.
- Revenues for these companies have grown 5.7% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Finnish Healthcare industry?
| FI Market | 2.46% | |
| Healthcare | 0.60% | |
| Medical Equipment | 3.07% | |
| Medical Equipment | 3.07% | |
Industry PE
- Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 200x.
- Analysts are expecting annual earnings growth of 36.9%, which is higher than its past year's earnings growth of 10.3% per year.
- Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 200x.
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 37% over the next 5 years.
- This is better than its past earnings growth rate of 10% per year.
- In contrast, the Medical Equipment industry is expected to see its earnings grow by 37% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| REG1V Revenio Group Oyj | €14.88 | 4.3% +€16.5m | -38.1% | PE25.2x | |
| NXTMH Nexstim | €9.52 | 4.8% +€3.6m | -24.7% | PE1534.4x | |
| BRETEC Bioretec Oy | €0.023 | 8.7% +€2.4m | -98.2% | n/a | |
| OPTOMED Optomed Oyj | €1.66 | 0% €70.8k | -55.6% | PS2.2x |
